PPP Loan information for Abrasic 90, inc.

$895,905

Abrasic 90, inc. was initially approved for PPP Loan of amount $895,905, the current approved amount is $895,905. The loan was approved on 04/15/2020 by The Old National Bank reported 77 jobs and $895,905 was used to fund payroll.

Abrasic 90, inc. is Existing or more than 2 years old

ABRASIC 90, INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ABRASIC 90, INC.

Borrower Address

7525 N Oak Park Ave

Borrower City

Niles

Borrower State

IL

Borrower Zip

60714-3819

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

895905.00

Current Approval Amount

895905.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Niles

Project County Name

COOK

Project State

IL

Project Zip

60714-3819

CD

IL-09

Jobs Reported

77

NAICS Code

327910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

895905.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

900708.05

Forgiveness Date

11/03/2020

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